COBRA Cost definition

COBRA Cost means 100% of the “applicable premium” under section 4980B(f)(4) of the Code for continued medical and dental COBRA Coverage under the Company’s benefit plans.
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COBRA Cost means the applicable premium under section 4980B(f)(4) of the Code for continued medical and dental COBRA coverage under the benefit plans of the Company or an Affiliate.
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COBRA Cost means 100% of the "applicable premium" under section 4980B(f)(4) of the Code for continued medical and dental COBRA Coverage under the Company's benefit plans.
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Examples of COBRA Cost in a sentence

  • The Employee may elect continuation coverage under the Company’s applicable medical and dental plans during the Continuation Period by paying the COBRA Cost of such coverage.

  • If the Participant elects such coverage, the Participant shall be responsible for paying the COBRA Cost of such coverage during the Salary Continuation Period in order to be eligible for the coverage.

  • The Employee may elect continuation coverage under the Company's applicable medical and dental plans during the Continuation Period by paying the COBRA Cost of such coverage.

  • If Employee has not made a Severance Payment Forfeiture Election, the Company shall pay to Employee during the nineteenth (19th) month a lump sum cash payment equal to the Monthly COBRA Cost multiplied by six (6).

  • If, on your Termination Date, you are enrolled in the Company’s major medical plan, vision and/or dental plan, the Company will make a lump sum cash payment to you in an amount equal to the estimated amount (as reasonably determined by the Company) of COBRA premiums for the number of months of such coverage equal to the Applicable Number of Months, less withholdings (“Non-CIC COBRA Cost Payment”), payable within thirty (30) days after the Release becomes effective and irrevocable.

  • If, on your Termination Date, you are enrolled in the Company’s major medical plan, vision and/or dental plan, the Company will make a lump sum cash payment to you in an amount equal to the estimated amount (as reasonably determined by the Company) of COBRA premiums for Applicable Number of Months of such coverage, less applicable withholdings (the “CIC COBRA Cost Payment”), payable within thirty (30) days after the Release becomes effective and irrevocable.

  • If the Participant elects COBRA Coverage, the Participant shall be responsible for paying the COBRA Cost of such coverage in order to be eligible for the coverage.

  • Upon receipt thereof, Buyer shall timely remit payment to Seller Parent’s group health plan in an amount equal to the Net COBRA Cost.

  • If Employee has not made a Severance Payment Forfeiture Election, the Company shall pay to the Employee during the nineteenth (19th) month a lump sum cash payment equal to the Monthly COBRA Cost multiplied by six (6).

  • COBRA: Cost and Outcome of BehaviouRal Activation: A randomised controlled trial of behavioural activation versus cognitive behaviour therapy for depression: Trial protocol.


More Definitions of COBRA Cost

COBRA Cost means 100% of the "applicable premium" under section 4980B(f)(4) of the Code for continued medical and dental COBRA Coverage under the
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Related to COBRA Cost

  • COBRA Coverage means continuation coverage required under Section 4980B of the Code and Part 6 of Title I of ERISA.

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • Dependents means dependents as defined in the Internal Revenue Code and as claimed in the taxpayer's federal income tax return for the taxable year or which the taxpayer would have been permitted to claim had the taxpayer filed a federal income tax return.

  • Dental technician means a person who owns, operates or is

  • Severance Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in Control and (ii) the Executive’s death.

  • Dental technician (advanced) means a person registered or licensed under the law of a state or territory as a dental technician (advanced).

  • Dental means of or relating to the teeth and the work of a dentist.

  • dependants for the purpose of definition, dependants are spouse, dependent children and anyone for whom the employee claims exemption on federal income tax returns;

  • Fringe benefit means health insurance, a retirement benefit received under a pension plan or defined contribution plan, a paid vacation day, a paid holiday, sick leave, or any other similar employee benefit provided by an employer.

  • Deductible has the meaning set forth in Section 11.1(e).